Donaldson (DCI) executive compensation, 2025 proxy

Tod E. Carpenter, Chairman, President and Chief Executive Officer, was paid $8.3M in fiscal 2025, up 6% from $7.8M the year before. The CEO-to-median-employee pay ratio was 140:1, on median employee pay of $59,175.

Filed
October 6, 2025
Annual meeting
November 21, 2025
Pay year
fiscal 2025
Named executives
6
CEO total pay
$8.3M+6% vs prior year
CEO to median employee
140:1median $59,175
CEO pay in equity
69%$5.7M in awards
CEO equity awards
$5,703,575Stock and option awards
Median NEO total
$1,990,816Average non-CEO NEO total
CEO compensation paid
$6,430,325SEC compensation actually paid
CEO PSU maximum value
$5,707,260At 200% of target
Company TSR
$161Value of initial $100 investment

How Carpenter was paid

$8.3M in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary13%Stock awards34%Option awards34%Non-equity incentive16%Pension and deferred comp1%All other compensation1%

Named executive officers

ExecutiveTotal
Tod E. CarpenterChairman, President and Chief Executive Officer$8,297,471
Bradley J. PogalzChief Financial Officer$2,124,084
Richard B. LewisChief Operating Officer$2,134,248
Thomas R. ScalfFormer President, Enterprise Operations & Supply Chain$1,860,107
Amy C. BeckerChief Legal Officer and Corporate Secretary$1,858,692
Scott J. RobinsonFormer Chief Financial Officer$1,976,951

What changed and why

  • $8.3M$8,297,471 CEO total compensation increased from $7,841,468 in fiscal 2024.
  • $5.7M$5,703,575 of CEO compensation came from stock and option awards.
  • 200%200% of target was the maximum payout opportunity for fiscal 2025–2027 PSU awards.
  • $746K$745,886 in other compensation for Bradley Pogalz primarily reflected expatriate benefits and tax equalization.
  • 140:1 was the fiscal 2025 CEO-to-median-employee pay ratio.
  • $6.4M$6,430,325 was the CEO’s compensation actually paid under SEC rules.

Other Donaldson proxy statements

  • 2026 proxy statement

    Richard B. Lewis paid $5.2M (+143% on the year), pay ratio 135:1.

    Filed Oct 06, 2026

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.